Tag: drags
Written by Gabriel HerveyApril 13, 2020
Thailand job losses may hit 10 million if COVID-19 outbreak drags on
News Business Article
BANGKOK: Thailand’s job losses may reach 10 million if the coronavirus outbreak continues for a few months, a business advisory council said on Monday (Apr 13). Southeast Asia’s second-largest economy is being hit hard by the virus outbreak and is heading into a recession. Advertisement Advertisement “We think about 7 million jobs have been lost already,
Written by Gabriel HerveyMarch 5, 2020
Transport projects like Terminal 5, new MRT stations could be delayed if COVID-19 drags on: Khaw Boon Wan
News Business Article
SINGAPORE: A number of transport infrastructure projects in Singapore could be delayed if the COVID-19 outbreak drags on, Transport Minister Khaw Boon Wan said in Parliament on Thursday (Mar 5). “For now, the delay to project timelines is still manageable,” he said during the Committee of Supply debate. “But if the outbreak drags on, it
Written by Gabriel HerveyMarch 4, 2020
COVID-19 drags Hong Kong business outlook to record low
News Business Article
HONG KONG: Hong Kong’s business outlook hit a record low in February, according to data released on Wednesday (Mar 4), as the coronavirus outbreak added to the financial hub’s troubles following months of political turmoil. The Purchasing Managers’ Index (PMI) for the city’s economy plunged to its lowest mark since the gauge began, worse than the
Commentary: UAE fights COVID-19 while the rest of the Middle East drags its feet
DUBAI: As new COVID-19 cases spread outside of China, the Middle East has become a hotspot for infection. The virus has appeared in Kuwait, Bahrain, Iraq, the United Arab Emirates (UAE), Lebanon, Israel, Qatar, Oman and Saudi Arabia, and sickened people in Algeria, Egypt and Morocco. Advertisement Advertisement Iran, however, has been disproportionately affected and is